
ExchangeRight’s Essential Income REIT Now Tracked by Blue Vault
ExchangeRight, a provider of diversified real estate DST and REIT investments, announced the company’s Essential Income REIT is now being tracked and reported on Blue Vault, an alternative assets research platform for financial advisors.
Blue Vault’s quarterly reporting will give advisors access to performance insights about the Essential Income REIT on an ongoing basis and compare it alongside other offerings tracked by the firm, according to ExchangeRight.
Warren Thomas, a managing partner at ExchangeRight, shared that this reporting relationship will help educate advisors about the Essential Income REIT’s successful performance to date, broadening its reach to more investors who need the kind of stable income that the REIT has historically generated.
“Blue Vault’s research is an industry standard for a reason, so we are excited that the Essential Income REIT’s performance will be tracked and analyzed by them going forward,” Thomas said.
Blue Vault’s Q2 report on the Essential Income REIT revealed: a “high” 12-month average Return on Assets (ROA), above the median ROA for all non-traded REITs for the previous four quarters; and a lower need for financing, citing that the REIT’s interest coverage ratio “exceeds the 2x benchmark and the REIT does not have more than 20% of debt maturing within two years.”
